GOLD FORCAST H1Congratulations Guys Our First TP HIt Succesfully now We Are Looking Second Target point and that is 2655/ because Market Tuched Support Aera And Going Up To resistance 2675Longby David_Josh_Trader113
GOLD NEXT MOVE (bulls still in power) (12-12-2024)Go through the analysis carefully and do trade accordingly. Anup 'BIAS for the day (05-12-2024) Current price- 2701 "if Price stays above 2680, then next target is 2711 and 2730 and below that 2670 ". immediate support- 2701-2703 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post. by AnupZiddiUpdated 22125
Ongoing trade in XAUUSD The reason for this trade was the trendline rejection and some other factors as wellShortby Nadia_farhat3
XAUUSD TECHNICAL ANALYSIS (READ CAPTION)hello traders, kindly share you opinion about this chart in the comment section. current price: 2656 last week market created l-shoulder and head and r-shoulder. market did a breakout but could not properly retest. now market is suppose retrace upto 2675. last weeks w1 candle and today's d1 candle further support and indicate a bullish trend. if market breakouts 2662 middle resistance then its next move will be 2675 which is our demand zone. key points: demand zone: 2675 supporting areas: 2650, 2647 like, comment and follow. thanks for support. Longby Ibrahim_Gold_TradersUpdated 13
GOLD: Exponential Scaling 1.618^1/5Gold's natural growth patterns have apparent alignment Fibonacci progression. Exponential Scaling using a constant phi (1.618) raised to 0.20 power exponent: The lines follow historical movements with exponential accuracy, aiding the identification of swing points of major momentum shifts. Major swings metrics: by fract4410
XAUUSD CONFIRM SIGNALGold buy now 2647 we have a demand 2645 market can retest it and make reverse to the 2658 use small lots n the zone and make sure to take profits GOOD LUCKLongby YousufAliFx1Updated 4
DeGRAM | GOLD pullback from resistanceGOLD is moving in an ascending channel above the trend lines. The chart has formed a harmonic pattern. We expect a pullback to the support level coinciding with the 50% retracement level ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAMUpdated 2323525
A Buying Opportunity Amidst Global Uncertainty.(Chart Analysis on H4 T.F) The gold price has been trading within a flat top and bottom channel, indicating a period of consolidation. A strong horizontal resistance line and an inclined support line are visible on the chart. Notably, the trend has reversed three times from the resistance line and twice from the support line. Currently, the trend is testing the support line, where we anticipate a third reversal. Following this, we expect the price to move towards the resistance line. (News Impact on Gold Market) The current global economic uncertainty, fueled by rising inflation concerns, geopolitical tensions, and the COVID-19 pandemic, has created a favorable environment for gold prices to rise. Recent news and events that may impact the gold market include: - The US Federal Reserve's decision to maintain interest rates, which may lead to a weaker US dollar and higher gold prices. - The ongoing geopolitical tensions between the US and Iran, which may increase safe-haven demand for gold. - The rise in COVID-19 cases globally, which may lead to increased uncertainty and higher gold prices. Trade Setup: Based on our technical analysis and news impact, we recommend opening buy positions in gold. - Entry: Buy gold at 2645-2655 - Stop Loss: 2633 (below the support line) - Target Prices: 1. 2670 (T.P1) 2. 2685 (T.P2) 3. 2700 (T.P3) 4. 2717 (T.P4, final target near the resistance line) This trade setup offers a potential profit of 72 points, with a risk of 12 points. We believe that the current market conditions and news impact make this a attractive buying opportunity for gold.Longby Chart_Champ11111
Gold Trade Plan 16/12/2024Dear Traders. according my last analysis Gold Started Downward Movement from 2721 Area , and now price is about 2650...i expect price will be start upward movement as a correction , and end of the week price will be hit 2615 -2570 "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Shortby alirezakUpdated 9
Intraday:Key Resistance At 2675 our Perference Shor Position Below 2675/With Targets At 2643 2690 Resistance.. 2675 Resistance. 2660. Last 2673. Pivot 2643 Support . 2635 Support.. Comment The Upward Potential is likely to br limited by the Resistance At 2675 Alternative Scenario above look for futher Upside With 2690/2704 As Targetsby David_Josh_Trader5
XAUUSD POSSIBLE MOVEMENTHello dear traders I have shared a simple chart about gold . Here I have just show the R1 and S1 zone and the next move possible is given bellow . Key points , S1, 2645 R1, 2675 Lets share your ideas about my chart Follow me for timely updates support with your likes and comments Longby ALLEYPROFESSIONALS6
Gold 1hour buying and selling opportunityGold Buy $2652 Target 2655/2657/2659/2662 Stay vigilant in tracking the support and resistance levels. Exciting updates on the sell trade are coming soon, so keep an eye out. Best of luck!Longby SRFXGlobalUpdated 7
XAUUSD still at the bottom of the 1 year Channel Up. Strong Buy.Gold (XAUUSD) has been trading within a 1-year Channel Up since the October 02 2023 weekly bottom. When it makes a technical Higher High and then pulls back, the pattern's Bearish Legs tend to be quite prolonged but at the same time always supported by the 1D MA100 (red trend-line). The current Bearish Leg bottomed on the 1D MA100 on the week of November 11 2024 and made a technical Higher Low. Based on the previous two Higher Lows, the price may continue to consolidate until the end of the year before it breaks out again upwards but with the current level being so close to the 1D MA100, it makes it already a technical buy opportunity. All previous Bullish Legs hit at least the 2.5 Fibonacci extension from the Higher High - Higher Low and the strongest rise has been +22.50%. As a result, we can target $3100 as the Channel's next Higher High, which would be a +22.50% rise from the November bottom but still below the 2.5 Fibonacci extension. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot16
FED RATE-CUT / WEEKLY PLAN 16-20 DEC, 2024World situation: Although gold posted some losses, it remains up nearly 1% for the week, supported by a mix of US economic data. While inflation figures were varied, the latest Initial Jobless Claims report strengthened investor confidence in a December rate cut by the Federal Reserve. Attention now shifts to the Fed’s December 17-18 policy meeting, with traders pricing in a 93% likelihood of a 25 basis point cut, according to CBOT data. Following the announcement, all eyes will be on Fed Chair Jerome Powell’s press conference for insights into the policy direction for 2025. 🔥 Identify: H4 is seeing price close to the bullish trendline - which will be validating the last rate cut of year. There will be some upside but it will still be difficult to break above the 2723 price zone 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, Pips & Profit identifies the important key areas as follows: Resistance: $2678, $2723 Support : $2613, $2590, $2535 Let's support "Pips & Profit" by LIKE AND COMMENT TRADINGVIEW. Thank you very much everyone 💙 by PIPS_n_PROFIT2213
XAUUSD NEW WEEK OPENINGThe new week is about to start and the market is stuck between 2647 to 2652 50 pips range We will wait for any candle to break and close above or below our range So that we can trade accurately stay tuned guys follow my analysis GOOD LUCK by YousufAliFx1Updated 3
Gold Technical Analysis: Volatility Ahead of Fed Rate DecisionGold Technical Analysis The market will remain volatile this week due to the impact of Fed Rate Decision and GDP data. Gold's direction will hinge on these events, particularly the Fed's stance on interest rates. Bearish Scenario: Continuation Conditions: - Price needs to stabilize below 2653 (Pivot Point). - A further breakdown and 1H or 4H candle close below 2638 will open the door to 2623. - Bearish momentum could strengthen further if the Fed rate remains at 4.75% or signals a hawkish stance. Bullish Scenario: Continuation Conditions: - A rate cut of 25 bps by the Fed will support bullish sentiment, driving prices upward. - Price needs to break and hold above 2653, targeting resistance levels at 2665, 2678, and 2690. Key Levels Pivot Point: 2653 Resistance Levels: 2665, 2678, 2690 Support Levels: 2638, 2623, 2612 Trend Outlook - Bearish: If the price stabilizes below 2653 and key support levels break. - Volatile: Driven by the Fed's decision and market reaction to GDP data. Summary - Bearish Trigger: Close below 2638, targeting 2623 and potentially 2612. - Bullish Trigger: Fed cuts rates by 25 bps, and price breaks above 2653, aiming for 2665 and higher levels. previous idea: Shortby SroshMayi8
Gold on the Rise: Is $2700 Within Reach?Hey Realistic Traders, Will OANDA:XAUUSD Return to the $2700 Territory? Let’s Dive In... In the H4 timeframe, Gold rebounded decisively above the 0.618 Golden Ratio Fibonacci level, marking the end of the minor correction within the broader bullish trend in the Daily timeframe. This move laid the foundation for a bullish flag pattern to emerge. The breakout from the flag pattern was confirmed with the formation of two bullish Marubozu candlesticks. At the same time, the MACD indicator signaled a bullish crossover, adding further confidence to the case for continued upward momentum. Given these strong technical signals, I foresee an upward movement toward the first target at 2715.097. Upon reaching this level, a minor pullback is likely before the rally gains traction again, pushing toward the second target at 2758.970. However, this bullish outlook hinges on the price maintaining support above the critical stop-loss level at 2613.372. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Gold".Longby financialfreedomgoals101Updated 13
XAU/USD 16-20 December 2024 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend. Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024 Price Action Analysis: Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand. Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase. Price Action Analysis: Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity, for two possible reasons. 1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high. 2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855. Intraday Expectation: Intraday expectation and alternative scenario as per points 1 and 2. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: by Khan_YIK1
XAUUSD 1HIn continuation of my previous analysis, which you can view here , and was highly accurate, the market moved exactly as predicted. I’m with you on analyzing gold. The trend remains bearish, and I prefer to sell below 2673. The invalidation level for this analysis is a breakout and consolidation above 2692.5. Sequential targets along the way: 2640 2600 At 2600, I expect a temporary pullback within the bearish trend. This level could provide an opportunity for consolidation and reassessment before the trend continues. My time analysis indicates that the price will reach 2600 or experience a temporary pullback on Tuesday, December 24th, at 4:00 AM Sydney time, which corresponds to the New York market close on Monday. I’ll move step by step with the market toward these targets. Ultimately, the final goal is 2570. Stay with me as we explore where the market is headed and how we’ll reach these levels.Shortby GreyFX-NDS116
Small correction up and a drop for goldHi traders, Last week XAUUSD tested the higher Daily FVG again and dropped. This could be the start of the last C-wave (orange). So next week we could see a small correction up and another drop to finish the (orange) A-B-C ZIgzag correction. Or it turns out that the whole bigger correction was a Triangle (finishe before blue wave b) and we see the next impulsive wave up from here. Then you could trade longs after a correction down on a lower timeframe. Let's see what price does and react. Trade idea: My main idea is the first one. So I would wait for a correction up and a change in orderflow to bearish to trade shorts. If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading3369
GOLD ROUTE MAP UPDATEHey Everyone, A fantastic finish to the week with our chart idea targets all completed! We traded the entire move up from Monday, all the way up, confirmed with cross and lock to give us plenty of time to get in for the action. 2645 - DONE 2661 - DONE 2679 - DONE 2697 - DONE After our last target was hit, we now finished off perfectly today with the rejection for the move down. We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX by Goldviewfx1313170
XAUUSD 4H BUY MODELPrice just tapped the daily bullish fair value gap as well as the 4H breaker block and order block. So I expect a bullish reversal to the swing high tagged as 'buy side liquidity' lets go!!! Longby tejiriagbatutu146659